Hi, I would like your advice regarding a situation which is a bit unique.
I had joined an organization in Sep 2019. The company promised me an amount on the offer letter as Retention Bonus after 2 years.
In May 2020, the company asked us to quit and got us transferred on a third party payroll that too after a cut in our paychecks.
I have some questions which need clarification:
1) Am I entitled to a retention bonus as it was the company that asked us to quit and not my decision or they did not fire me for bad performance/conduct?
2) If yes, what should be the next step to ensure the company makes the payment?
PS: I had also mentioned in my resignation letter that quitting because the company has asked to quit & transition to another company. Had also mailed the HR & supervisor regarding paying the retention bonus but they have not replied even after 2 weeks.
Please guide.
From India, Mumbai
I had joined an organization in Sep 2019. The company promised me an amount on the offer letter as Retention Bonus after 2 years.
In May 2020, the company asked us to quit and got us transferred on a third party payroll that too after a cut in our paychecks.
I have some questions which need clarification:
1) Am I entitled to a retention bonus as it was the company that asked us to quit and not my decision or they did not fire me for bad performance/conduct?
2) If yes, what should be the next step to ensure the company makes the payment?
PS: I had also mentioned in my resignation letter that quitting because the company has asked to quit & transition to another company. Had also mailed the HR & supervisor regarding paying the retention bonus but they have not replied even after 2 weeks.
Please guide.
From India, Mumbai
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Amendment to Payment of Bonus Act 2015.jpg
Bonus act amendment gazette copy.pdf
Retention quest.doc